On Friday, Granite Ridge Resources Inc (NYSE: GRNT) was -4.63% drop from the session before settling in for the closing price of $5.4. A 52-week range for GRNT has been $4.52 – $7.00.
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 28.64%. When this article was written, the company’s average yearly earnings per share was at 0.58%. With a float of $63.42 million, this company’s outstanding shares have now reached $131.25 million.
Granite Ridge Resources Inc (GRNT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Granite Ridge Resources Inc stocks. The insider ownership of Granite Ridge Resources Inc is 51.68%, while institutional ownership is 32.35%. The most recent insider transaction that took place on Sep 15 ’25, was worth 3,210. In this transaction Director of this company bought 600 shares at a rate of $5.35, taking the stock ownership to the 1,284,664 shares. Before that another transaction happened on Aug 21 ’25, when Company’s Director bought 974 for $5.30, making the entire transaction worth $5,162. This insider now owns 83,091 shares in total.
Granite Ridge Resources Inc (GRNT) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0.17 earnings per share (EPS) during the time that was better than consensus figure (set at 0.14) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.19% during the next five years compared to 28.64% growth over the previous five years of trading.
Granite Ridge Resources Inc (NYSE: GRNT) Trading Performance Indicators
You can see what Granite Ridge Resources Inc (GRNT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.55 in one year’s time.
Technical Analysis of Granite Ridge Resources Inc (GRNT)
Compared to the last year’s volume of 0.53 million, its volume of 0.49 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.73%.
During the past 100 days, Granite Ridge Resources Inc’s (GRNT) raw stochastic average was set at 19.90%, which indicates a significant decrease from 49.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.14 in the past 14 days, which was lower than the 0.18 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.39, while its 200-day Moving Average is $5.58. Nevertheless, the first resistance level for the watch stands at $5.26 in the near term. At $5.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.58. If the price goes on to break the first support level at $4.94, it is likely to go to the next support level at $4.74. Should the price break the second support level, the third support level stands at $4.62.
Granite Ridge Resources Inc (NYSE: GRNT) Key Stats
There are 131,248K outstanding shares of the company, which has a market capitalization of 675.93 million. As of now, sales total 380,030 K while income totals 18,760 K. Its latest quarter income was 109,220 K while its last quarter net income were 25,080 K.
